ECONOMY

PUB. DATE

March 2009

SOURCE

Background Notes on Countries of the World: Sweden;Mar2009, p7

SOURCE TYPE

Country Report

DOC. TYPE

Article

ABSTRACT

The article presents information on the economy of Sweden. The highly industrialized country is a leading producing and exporting nation with its extensive forests, rich iron ore deposits, and hydroelectric power. The country was able to avoid the effects of the current financial crisis because of the Swedish banks' restrictive policy concerning loans brought about by the financial crises in Sweden during 1990 and 1994. It outlines forecasts on the Swedish economy, including its gross domestic product (GDP) growth and inflation rate.

ACCESSION #

63640421

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